From Ambushes to Golden Parachutes: Corporate Takeovers as an Instance of Cultural Framing and Institutional Integration

@article{Hirsch1986FromAT,
  title={From Ambushes to Golden Parachutes: Corporate Takeovers as an Instance of Cultural Framing and Institutional Integration},
  author={P. Hirsch},
  journal={American Journal of Sociology},
  year={1986},
  volume={91},
  pages={800 - 837}
}
  • P. Hirsch
  • Published 1986
  • Sociology
  • American Journal of Sociology
Ownership contests for control of large American corporations have become increasingly problematic and public with the advent of the "hostile takeover." This article examines the diffusion of this once "deviant" innovation. Its focus is on the relationship between changing business practices and American business culture; more specifically, on how the processes of the normative framing of hostile takeovers facilitated their diffusion and legitimation, helping to recreate or sustain order… Expand
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